Russia may be about to relax restrictions on beer sales and advertising that have severely impacted international brewers in the country.

Carlsberg has been hardest hit by Russia's restrictions, and has closed breweries in the country

According to Jefferies International analyst Edward Mundy, Russian media reports indicate that the Economy Ministry is to hold a meeting on 23 November to discuss a draught plan on the restrictions. The plan could lead to a more level playing field for beer and hard-liquor regulation, and an easing of regulations, Mundy said.

The analyst added that though there is no final agreement on the plan yet, "any easing of restrictions on beer regulation in Russia is likely to be viewed positively".

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